The report covers forecast and analysis for the service robotics market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based revenue (USD Million). The study includes drivers and restraints for the service robotics market along with the impact they have on the demand over the forecast period.Additionally, the report includes the study of opportunities available in the service robotics market on a global level.

According to the report, global demand for service robotics market was valued at USD 6.5 billion in 2014 and is expected to generate revenue of USD 17.2 billion by end of 2020, growing at a CAGR of slightly above 17.8% between 2015 and 2020.

In order to give the users of this report a comprehensive view on the service robotics market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the service robotics market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the service robotics market by segmenting the market based on products, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on products the market is segmented into professional service robots & personal service robots. Key application market covered under this study includes health care, defense, agriculture, entertainment, logistics, aerospace, infrastructure, research and development and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for service robotics based on individual applications in all the regions and countries.